Housing Finance Bank Positions Finance as Catalyst for Uganda’s Growth at REDI Conference

Speaking at the Regional Economic Development Initiative (REDI) conference in Nairobi, Housing Finance Bank (HFB) underscored the pivotal role of innovative financing in accelerating Uganda’s economic ambitions. Managing Director Grace Nanyonga outlined a new $150 million housing loan program aimed at low‑ and middle‑income families, coupled with a digital lending platform that reduces approval times from weeks to days. “Access to affordable finance is the engine that drives construction, job creation, and ultimately, national prosperity,” Nanyonga said. The bank also announced partnerships with the Ministry of Finance and the African Development Bank to fund infrastructure projects in the western and northern regions, positioning HFB as a key player in Uganda’s development agenda.

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